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'₹100-cr Allocation For Chabahar Proves Our Commitment'

The Hindu Business Line

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February 07, 2020

External Affairs Minister S Jaishankar at the India Central Asia

'₹100-cr Allocation For Chabahar Proves Our Commitment'

India’s commitment towards the development of the Chabahar port as a viable connectivity option with Central Asia is demonstrated by the government’s allocation of ₹100 crore for its development in the Budget for 2020-21, External Affairs Minister S Jaishankar has said.

“India, Iran and Afghanistan believe that Chabahar will become the fulcrum of connectivity for Indian goods to reach Afghanistan and further north to Central Asian states and for the landlocked Central Asia to find access to ocean through this port. In the Union Budget, the government has allocated ₹100 crore for the Chabahar Port for the fiscal 2020-21,” Jaishankar said at the launch of the IndiaCentral Asia Business Council organised by industry body FICCI on Thursday.

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